General banking of Prime Bank Ltd under islamic mode

Abstract:

Modern banks play an important part in promoting economic development of a country.
Banks provide necessary funds for executing various programmers underway in the
process of economic development. They collect savings of large masses of people
scattered through out the country, which in the absence of banks would have remained
ideal and unproductive. These scattered amounts are collected, pooled together and
made available to commerce and industry for meeting the requirements.
Today's modern banks are not only provides traditional banking, rather banks are
expanding the menu of financial services, banks are making the untouchable service
touchable for their customers. The changing and expanding role of banking has made
the banking business more complex and competitive. For survival and growth of this
business demands creativity, specialization and knowledge and adoption of new
technology. But technology, creativity, specialization all these cannot support a bank to
survive unless the services are marketed in the right track. For this banks need experts
who will able to run the business even in against the wind.
Prime Bank Ltd. is one of the fastest growing banks in our country. It has performed very
well since its commencement of business and the Bank is already at the top slot in terms
of quality service to the customer's ad the value addition to the shareholders. Prime Bank Ltd. has already made significant progress within a very short period of its
existence. The bank has been graded as a top class bank in the country through
internationally accepted CAMEL rating. The bank has already occupied an enviable
position among its competitors after achieving success in all areas of business
operation.
Prime Bank Ltd. offers all kinds of Commercial Corporate and Personal Banking services
covering all segments of society within the framework of Banking Company Act and
rules and regulations laid down by our central bank. Diversification of products and
services include Corporate Banking, Retail Banking and Consumer Banking right from
industry to agriculture, and real state to software.